Hilel School

“The executive committee oversees the hiring and firing ofthe school director and any financial decisions that would have a long-term impact on the financial security of the school.”

“Form 990 is prepared by a tax professional (cpa or ea)based upon the financial data providedby the hillel school. A draft copy of the form 990 together with a list of questions and discussion points (need for additional information or clarification)is given to key members of the governing board.rplies, comments, and concerns are evaluated. A second draft copy with any changes noted is provided to the key governing board members for approval or for further evaluation.once there are no open items, a final copy is presented to the governing board for signature and filing.”

“Any member of the governing board is expected to recuse themselves from voting on an issue in which they may have a conflict of interest. If a board member challennges another board member for not recusing themselves, the entire board will decide if there is a conflict of interest.if there is a conflict of interest, the vote of that member will not be counted.”

“All required documents are available to the public upon request.”

“Reason for late filingthe hillel preschool is a small organization that depends on its members for direction. It can ill-afford to hire professional management. While this is a common problem for many small 501(c)(3)organizations, the hillel preschool is also plagued with a member continuity problem. As the governing body is mainly comprised of students parents, many members disassociate themselves once their children age-out. Efforts are being made to involve community members into the governing board to ensure that there are those on the board who could focus on the business side of the organization and to ensure that there are funds available to hire professionals to address such issues as the timely preparation and fi”